realistic price?, page-31

Hi Misfits and Rogo,

I may be wrong , but I strongly suspect that Rod's latest prediction is based soley on the expectation that global markets are entering a correction phase, which will ( as usual ) impact more heavily on small cap stocks ... especially speccy mining plays with no guaranteed cash flows ... Unfortunately Nkwe ( with no JV in place ) would fit this description.

With the Greek bailout deal in jeopardy, French / German agreement in doubt, US growth and jobs unexpectedly going backwards etc, markets have already taken a hit, and many experts think more is on its way ... at least in the short term.

I reckon Rod has nothing more than this behind his guess that Nkwe will start sliding to sub-10c levels. If he did, he could say what it was, as requested by you and others on this forum on many occasions.

It doesn't take a stocks guru or genius to predict SP losses in this environment ... so even if it does happen, I wouldn't be getting down on my knees and worshipping at his altar.

Just my thoughts ...

Wayne